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NNPC Begs Marketers to Sell Kerosene at N150

 
The Group Man­aging Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has urged petroleum mar­keters to sell house­hold kerosene at N150 per litre.
Currently marketers sell kerosene between N180 and N200 per li­tre, and it is also sold outside the petrol sta­tions at N250 per litre.
A statement by NNPC on Friday said Baru spoke in Abeo­kuta when he paid a courtesy visit to Ogun State Governor, Ibi­kunle Amosun.
“I am calling on oth­er marketers to emu­late NNPC by selling kerosene at maximum of N150 per litre which also provides sufficient margin for them to do so. We are committed to promoting the use of Liquefied Petroleum Gas (LPG) as an alter­native choice for home cooking, which is also available at our NNPC retail stations,” he said.
Baru also expressed its readiness to com­plete the ongoing Es­cravos to Lagos Pipeline System 2 (ELPS2) proj­ect in the last quarter of this year in order to boost gas to power in the country.
He said the 36 inch and 342 kilometer gas pipeline project would double the capacity of the existing ELPS thereby improving gas supply to Ogun State and its environs.
“We wish to reiter­ate that NNPC will continue to support the aspiration of Ogun, Ondo and Lagos States towards the establish­ment of a mega city and the free trade zones.
“As you may be aware, gas supply to these states are key to the realization of these objectives. Our major gas and product pipe­lines transverse Ogun State,” Dr. Baru de­clared.
He said the recent achievement of secu­rity agencies in safe­guarding the Atlas Cove to Mosimi System 2B pipeline would not have been possible without the support of the host communities and the state government.

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